Coming to the bay area. How the warriors are involved. But first, no turn on red. A San Francisco official making moves to improve pedestrian safety. The changes that could be coming to city streets. From the bay station, youre watching kron. And news. Thanks so much for joining us here on kron. 4 news at noon. Im stephanie lin. Breaking overnight. A pedestrian is dead after being hit by 2 vehicles in oakland last night. Police now confirming to us one of the cars involved was stolen. This happened near international boulevard and 54th avenue around 9. 30, investigators say the pedestrian was hit while while crossing the street. The impact pushed them further into the roadway where they were hit by a second vehicle. The people inside the first car involved abandoned it and ran off. The driver was later found and taken into custody. No turn on red signs could be going up all across San Francisco. The citys board of supervisors are considering a ban to decrease pedestrian deaths. Trump w
The fed releasing the monetary report to Congress Ahead of testimony next week. We go to cayla toushy. In the blue print, the new chair sticks to the script touting data base decisions, a strong labor market, and inflation that is moving toward that ever important 2 target. It should be noted that in this report the majority of fed members said they saw inflation at that target by 2019 and stabilizing at that target over the next few years. They did say that theyre monitoring the effect of online retailers and international effects on that inflation level over time. For unemployment, the fed report said that hourly wage growth has been moderate but the labor market is near or a little beyond full employment at this point. For 2018 and 2019, the median estimate is 3. 9 ticking up to 4. 0 in 2020 as for the markets, the fed report pointed out that notwithstanding recent weeks, that is the mention to volatility that weve seen in the markets that equities remain higher and bond spreads hav
9th, that crazy friday, our reporters are standing by breaking down the market since then Bertha Coombs and bob pisani i think the important thick is weve seen quite a recovery in the markets but not for everything let me show you a few charts jpmorgan, a big recovery remember what happened on february 1st it was like 117 then goes down to 104 on the 5thand its com back around 116 thats a roundtrip. Also boeing another big one, 357 on february 1st 317 on the 5th. Thats a 40 drop, back to where it is, roughly 356 or so. Theres a roundtrip some stuff hasnt recovered the consumer names havent recovered. Cocacola goes to 82 and its hovering around that exxon, the oil stocks have had a hard time. 89 down to 73. That hasnt recovered. Part is on the fact that oil didnt have a big bounce heres the important thing the s p on the whole has recovered a large part of its losses we lost almost 300 points from the high to the low on the s p and you can see all the numbers were looking at the importa
Shooters he plan for taking his own life. This is an awful night for lafayette, an awful night for louisiana, an awful night for the United States. And our team on the ground with the latest on the shooter, the heroes and another American City reeling this morning. And we do say good morning, america. We want to get right to that breaking news this morning. Youre looking live at the multiplex in louisiana where the gunman opened fire in the middle of a movie last night. Heres a look at the scene. A Massive Police response. Moviegoers overcome after the attack. We have some stories of real heroism this morning. The two teachers credited with saving so many lives, amy. This is what we know right now. The shooting began about 7 30 last night. About 20 minutes into a screening of the movie trainwreck. Two people and the gunman are dead. Nine others injured. Pr police now identifying the gunman. He is John Russell Hauser and has no connection to lay fayette. Hes from alabama. We do have Tea
Disappointed when they went behind but they kept coming back, showing they had fight, and, most of the game they were lost last year. Tom brady was drafted in the sixth or seventh round so if he can be where he is at i dont see why a fifth round kicker could not do something special. Reporter if you think philly fans like an under dog, check out the video of elliott s mom and step dad, them reacting to the game winning kick has gone viral. I dont know too much about them but i like what he see. Reporter let me show are show you unofficial eagles green yarn. It is 61yard, cut it myself, we took it all around town and show you at 6 00, measured a few things to give you more spectortive on the Elliott Field goal. Live from city hall, hen roy rossoff for cbs3 Eyewitness News. Officially unofficial. And, henry a lot have places dawn get elliott jersey, the two shirt. We have a few more fans then that yes. Reporter well, we wanted to know also that. We went to two stores, we went to the pre